Druid ICAV has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +353 766 801 858
Addresses: 33 Sir John Rogerson's QuayDublin 2 Ireland D02 XK09 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: druidicav.com.
I closed a profitable position at Druid ICAV and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Easy to use platform|Economic calendar|Automated trading options|Stable platform
Cons: None so far
The so-called education at Druid ICAV is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for nearly two years thinking they would help me learn.
Pros: Reliable uptime|Regular platform improvements|Segregated accounts
Cons: None so far
The mobile app from Druid ICAV is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Full transparency|Comprehensive tools|Excellent charting
Cons: Wait times can be long during peak hours
After spending for about five months trying to make Druid ICAV work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Instant funding|Transparent fees|Demo account available
Cons: None so far
I wanted to transfer my portfolio from another broker to Druid ICAV. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Customizable dashboard|Professional team
Cons: No live chat on mobile